Milton (Alpharetta) GA Restaurant & Bar w/Outdoor Patio for Sale – $300,000 OBO
Milton (Alpharetta) GA Restaurant & Bar w/Outdoor Patio for Sale – $300,000 OBO
Price: $300,000
Location: Fulton
Industry: American Restaurants, Bars, Pubs and Taverns, Miscellaneous Restaurant and Bars
Listing ID: 6029
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Billy Allen’s Milton (Alpharetta) GA Restaurant, Piano Bar & Live Music Venue for Sale Lease.
Located at the Market District at 3000 Heritage Walk Building 2, Floor 2, Suite 200, Milton, GA 30004.
Milton is a city in Fulton County, Georgia, United States. Located about 30 miles due north of Atlanta, Milton is known for its rural and equestrian heritage.
The developer states that this will be One Of The Most Exclusive Enclaves In Georgia and one of the last remaining areas in Milton for commercial opportunities, Market District Crabapple is going to be an epicenter for thriving businesses.
Walking distance to Historic Downtown Alpharetta and City Center.
Brand New Million Dollar Build Out.
Fully Equipped Turnkey for almost full service or casual concept.
State of the Art.
Keep or convert.
$1,000,000 opening costs.
4,000/SF.
Seating for 201.
Two-Bars seat 28.
Outdoor Patio seats 30.
Occupancy is 210.
Monthly rent at $12,000, all-in.
Five-year lease.
Option to Renew extends lease for an additional 5-year term.
Exciting new concepts are coming to this development including Aberdeen Steakhouse, MAI Kitchen ( from the Family that brought Atlanta NAM and MF Sushi ), Sports Bar, Brewery, Event Center, Whiskey and Water Seafood and Bourbon Bar, and Burger Restaurant in addition to Starbucks which is open.
Priced at $300,000 OBO.
Gross Revenue: N/A
Cash flow: N/A
FFE Included: Yes
Reason For Sale:
Asset sale
Training & Support:
Ask broker
Days & Hours of Operation: Ask broker
Owner Hours Per Week: Ask broker
Non-Owner Payroll: Ask broker
Employees: Ask broker
Managers: Ask broker
Monthly Rent: 12000
Type of Location: Located at the Market District at 3000 Heritage Walk Building 2, Floor 2, Suite 200, Milton, GA 30004.
Square Footage: 4000
Facilities Information:
4,000/SF.
Seating for 201.
Two-Bars seat 28.
Outdoor Patio seats 30.
Occupancy is 210.
Monthly rent at $12,000 all-in.
Five-year lease.
Option to Renew extends lease for an additional 5-year term.
State of the Art.
Sound System cost $60,000.
$1,000,000 opening costs.
Walking distance to Historic Downtown Alpharetta and City Center.
Competition:
Exciting new concepts are coming to this development including Aberdeen Steakhouse, Vietnamese, Lagarde American Eatery , Whiskey and Water Seafood and Bourbon Bar, and Burger Restaurant in addition to Starbucks which is open.
Potential Growth:
Fully Equipped Turnkey for almost full service or casual concept.